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Ranked: The Top Startup Cities Around the World

A richly connected network of founders, venture capital firms, and tech talent are some of the key ingredients driving a startup ecosystem.


As engines of growth, these tech clusters are evolving on a global scale. While the world’s leading startup cities are concentrated in America, several ecosystems, such as Beijing and Seoul, are growing in prominence as countries focus on technological advancement to spur innovation.


This graphic shows the best startup cities worldwide, based on data from Pitchbook.


The Global Startup Ecosystem Rankings

To determine the rankings, each city was analyzed based on the scale and maturity of their startup ecosystem over a six-year period ending in the second quarter of 2023.

Among the inputs analyzed and used to calculate the overall development score were fundraising activity, venture capital deals, and exit value.

Ranked: The Top Startup Cities Around the World
Ranked: The Top Startup Cities Around the World

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